Condensed balance sheet and income statement data for Jergan Corporation are presented here. Jergan Corporation Balance Sheets December 31 2020 2019 Cash $29.700 $ 17.100 Accounts receivable (net) 49.000 45.900 Other current assets 90,300 94.300 Investments 55.600 69.600 Plant and equipment (net) 500.800 370,400 $725.400 $597.300 Current liabilities $85.900 $80.700 Long-term debt 145,800 84 800 Common stock, $10 par 348.000 313.000 Retained earnings 145.700 118.800 $725,400 $597,300 2018 $ 17,600 47,800 63.400 45.100 357,600 $531.500 $70.100 49.500 309,000 102,900 5531500 Jergan Corporation Income Statement For the Years Ended December 31 2020 Sales revenue $742.500 Less Sales returns and allowances 39.500 Neties 703.000 Cestof goods sold 425.800 Gross Draft 2771200 Operating expe (including income a 192340 Net Income SB4 2019 $606.300 30.500 SO 367.000 208.800 14402 30 Additional information: 1. 2. The market price of Jergan's common stock was $7.00, $7.50, and $8.50 for 2018, 2019 and 2020, respectively You must compute dividends paid. All dividends were paid in cash. (a) Compute the following ratios for 2019 and 2020. (Round Asset turnover and Earnings per Share to 2 decimal ploons 81.85 Round payout ratio and debt to assets ratio to decimal places, es 18%. Round all other answers to 1 dedmal ploon, ex. 680 680) 2019 2020 (1) Profit margin 12 (2) Gross profitrate 363 (3) Asset turnover 102 times LO times (4) Earnings per share $ (5) Price carnings ratio times times (6) Payout ratio 75 % 88 (7) Debt to assets ratio 33